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Former PotashCorp CEO Bill Doyle told BNN that the potash industry lacks leadership and has sacrificed price for volume since Uralkali broke up the production cartel in 2013. He said potash prices have more than halved over the last five years and called the Agrium merger sad.
Producers chasing market share rather than price discipline keep potash supply high and prices depressed. Without coordinated action, the price weakness is likely to persist.
republicofmining.comAug 28, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
